Thai Union Q1 2025: Sales 32B Baht, Net Profit Up 9.2%

Prachachat•Economy•9d ago

Reader Briefing

Thai Union reported a strong first quarter performance for 2026, with sales reaching 32 billion baht and net profit increasing by 9.2%, driven by operational efficiency and a growing pet food segment.

•Thai Union's sales reached 32 billion baht in the first quarter of 2026.
•Net profit increased by 9.2% compared to the previous year, reaching 1,113 million baht.
•The PetCare business segment showed significant growth with sales up 22.6%.
•The company maintains its full-year sales growth projection of 3-4% for 2026.

Overview

•In the first quarter of 2026, Thai Union recorded sales of 32 billion baht, resulting in strong revenue.
•Thai Union's net profit for the first quarter of 2026 was 1,113 million baht, an increase of 9.2% compared to the previous year, due to improved operational performance.
•The operational profit increased by 29% compared to the previous year, driven by higher sales and gross profit, and a significant reduction in selling and administrative expenses.
•The gross profit for the first quarter of 2026 was 5,825 million baht, a 3.8% increase year-on-year, with a gross profit margin of 18.2%.
•The PetCare business segment achieved sales of 5,115 million baht in the first quarter of 2026, an increase of 22.6% year-on-year, due to strong demand in key markets.
•The Ambient seafood segment reported sales of 15,136 million baht in the first quarter of 2026, a 2.5% increase year-on-year, driven by price adjustments to offset increased import costs.
•The Frozen seafood segment saw sales grow by 11.6% year-on-year in the first quarter of 2026, reaching 9,420 million baht, supported by price adjustments and increased sales volume.
•For the full year 2026, Thai Union maintains its sales growth target of 3-4%, gross profit margin of 19-20%, and SG&A to sales ratio of 13.5-14.5%, due to closely monitoring global business environment fluctuations.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Quotes

Teerapan Ngow, Thai Union Board of Directors

"The first quarter performance reinforces Thai Union's adaptability and the results of our transformation strategy."

ผลการดำเนินงานไตรมาสแรกตอกย้ำความสามารถในการปรับตัวของไทยยูเนี่ยนและผลลัพธ์จากกลยุทธ์ทรานส์ฟอร์เมชันของเรา

Key Entities

Organization

Thai Union(ไทยยูเนี่ยน)ℹ️

A publicly listed Thai food processing company that publishes quarterly financial results.

PetCare Business Segment(กลุ่มธุรกิจอาหารสัตว์เลี้ยง (PetCare))

One of Thai Union's key business segments, which showed strong sales growth in the first quarter of 2026.

Ambient Seafood Business Segment(กลุ่มธุรกิจอาหารทะเลแปรรูป (Ambient))

One of Thai Union's business segments, reporting increased sales in the first quarter of 2026.

Frozen Seafood Business Segment(กลุ่มธุรกิจอาหารทะเลแช่แข็ง (Frozen))

One of Thai Union's business segments, which experienced sales growth in the first quarter of 2026.

Value-added Products Group(กลุ่มผลิตภัณฑ์เพิ่มมูลค่า)

A product group within Thai Union that saw a decline in sales in the first quarter of 2026.

Person

Teerapan(นายธีรพงศ์)

A member of Thai Union's Board of Directors quoted in the article regarding the company's performance and strategy.